2023-02-08 06:01:48 RDWR Radware
02/08/23 02/0806:01 02/08/2306:01 | Radware reports Q4 non-GAAP EPS 17c, consensus 17cReports Q4 revenue $74.1M, consensus $73.42M. "For the Q4 and FY22, I'm pleased to report solid results, which were in-line with our guidance. The results were driven mainly by cloud and subscription revenue, which delivered double-digit growth during 2022, as well as a record number of new cloud wins in the Q4," said Roy Zisapel, Radware's president and CEO. "While headwinds in the macro environment may continue to impact our results in the coming year, we remain optimistic about our long-term growth potential given the market adoption of our products. In 2023, the cloud will continue to play a pivotal role in our strategy as we increase our focus on our cloud security solutions, grow our presence in the mid-sized enterprise market, and expand our channel partnerships. Coupled with disciplined expense management, we remain committed to driving profitable growth." |
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